Maire Tecnimont Awarded $300M Ammonia Synloop EPC Project in the Gcc Region

Source: www.gulfoilandgas.com 7/7/2022, Location: Middle East

The Gulf Cooperation Council region's low-carbon ammonia Synloop facility has been awarded a Lump Sum Turn-Key EPC contract, according to Maire Tecnimont S.p.subsidiary A.'s Tecnimont S.p.A. and sister business Nextchem S.p.A.

The contract value is approximately USD300 MN and its scope of work includes engineering activities, supply of all materials and equipment as well as construction activities. Tecnimont has been instructed to immediately start with the engineering work in relation to the project; the commencement of the procurement and construction works will be confirmed later this year when a final investment decision will be made. The project entails a 3,000 tons per day approximately (1 million tons per annum) low-carbon ammonia Synloop plant and completion of the project is expected by the second half of 2025.

Alessandro Bernini, Maire Tecnimont Group CEO, commented: “This strategic project is extremely important since it will provide a significant contribution to the energy transition of the GCC region by reducing the carbon footprint of the fertilizer value chain. It will also contribute to the steady expansion of our green energy business.”


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